Introduction to Buying Module
The Buying module in ERPNext is designed to manage procurement processes and optimise supplier relationships.
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Requests for Quotation (RFQs) : Evaluate quotations from suppliers to make informed purchasing decisions.
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Supplier Management : Maintain detailed records of suppliers, including contact details, terms, and performance metrics.
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Purchase Orders : Create and track purchase orders to ensure timely and accurate order fulfillment.
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Purchase Invoices : Process and manage invoices from suppliers, including payment handling.
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Stock Management : Update inventory levels and manage stock replenishment.
The Buying module helps businesses streamline their procurement activities, control purchasing costs, and strengthen supplier relationships.